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Colgate-Palmolive Company (CL-N) Quote - Press Release

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After Yesterday's Decline of 2.18%, Colgate-Palmoliv Offers Investors Better Value

Comtex SmarTrend(R) - Tue Oct 1, 12:32PM CDT

Colgate-Palmoliv (NYSE:CL) traded in a range yesterday that spanned from a low of $71.80 to a high of $73.21. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $72.16 on volume of 939,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Colgate-Palmoliv and will alert subscribers who have CL in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Colgate-Palmoliv have traded between a low of $57.41 and a high of $76.41 and are now at $71.91, which is 25% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

Write to SmarTrend at cs@mysmartrend.com

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